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20121228
20121228
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morning cincinnati, bob herzog called dance party friday every week. >> juliet: wiggle, wiggle, wiggle, wiggle. thanks, you guys. we'll see you on "the five" today. >> kelly: see you. gregg: last-ditch effort for a compromise in washington today days before a new year's deadline to reach a deal or watch the economy go off the cliff. i'm. patti ann: i'm patti ann browne. they will try to avoid the across the board tax hikes for 90% of the american households and deep spending cuts. so far little to no progguess has been reported. gregg: chief white house correspondent ed henry is in the white us. ed, what do we expect out the meeting if any at all? our expectations are a little bit low. >> reporter: you're exactly right, gregg, expectations have to be low. lawmakers of both parties in conjunction with the president have missed one deadline after another. we have been saying for a couple weeks they had to get moving get this completed before christmas in order to give the house and senate time to debate and end up voting on whatever package they come up with. now that we're days away fro
member the president said in a debate, the debate, he said that i didn't come up with this. then bob woodward came out and said, yes, you did. you know, both a top aide said that you guys came up with this idea of the white house. look in the mirror, right. >> that's exactly right. a lot of people on wall street and in the media are saying just don't do it, don't go over the cliff. you know, and then that shows a we that we still have a 16 trillion-dollar national debt. so when the world are we going to get serious about what the american people say they want, which is reduction in the debt so that we don't become a country that looks like greece. [talking over each other] gregg: capitol hill and pennsylvania avenue, maybe they just think 16 trillion, 25 trillion, who cares. maybe they don't think it has a depressive effect on economic growth, and soaking up the credit markets, which women's businesses. >> that's exactly right. we don't have to wonder what this will go by. all we have to do is look over the pond and see what's happening in countries like greece and italy and spain an
? who would have thought? i did. we did, bob. we did. got it. >>> have you ever been to habulabi? if you're in the market for fake flowers or beads or yarn, you may find yourself in a habulabi. now, me, i'm not so good at the crafting. this is my handwriting. i can barely use a pen, much less actually fold anything or use scissors. you don't want me around scissors. but many americans do know their way around a hot glue gun, as evidenced by the existence of 525 of these hobby lob write stores spread all across the country. the hobby lobby chain was founded by a guy named david green. he's still the ceo and worth $4.5 billion, which is a lot. according to the store's statement of purpose, however, mr. green's main goal in founding his crafting empire was ton sell scrapbooks or construction paper or even to make billions of dollars. it was to honor the lord and operate the company in a manner consistent with biblical principles. those principles included refusing to provide insurance coverage for emergency contraception to his more than 13,000 employees. under the terms, however, of the af
in herndon is here to talk to us about the consequences for small businesses. bob. [applause] hello -- >> hello. i own an embroidery franchise out in herndon, va., and we work for small businesses, schools, corporations. i'm happy to be here today to talk to you about the fiscal cliff and how it might affect my business. i am mostly optimistic about our economy in the future, i have grave concerns about what is going on in congress and the potential fiscal cliff we are facing and the elimination of the tax cuts. a lot of the small business owners i talked to and know are in favor of keeping the tax cuts in place especially for the middle class. we believe in balanced approach and we think it's ok to allow the elimination of the tax cuts for the wealthy. as taxes increase, the taxes at my business will be effected and i will have less to pay for investments and new equipment, hiring new people, but personally my income tax rates will go up. it's already a financially constrained environment. but customers tax rates will go up creating less demand for my products and less revenue for
Search Results 0 to 3 of about 4

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